Common use of Tenant’s Lease Default Clause in Contracts

Tenant’s Lease Default. Notwithstanding any provision to the contrary contained in this Lease, if an event of default as described in the Lease, or a default by Tenant under this Tenant Work Letter, has occurred at any time on or before the Substantial Completion of the Premises, then (i) in addition to all other rights and remedies granted to Landlord pursuant to the Lease, Landlord shall have the right to cause Contractor to cease the construction of the Premises (in which case, Tenant shall be responsible for any delay in the Substantial Completion of the Premises caused by such work stoppage as set forth in Section 5 of this Tenant Work Letter), and (ii) all other obligations of Landlord under the terms of this Tenant Work Letter shall be forgiven until such time as such default is cured pursuant to the terms of the Lease.

Appears in 4 contracts

Samples: Lease (Catasys, Inc.), Lease (Inhibrx, Inc.), Office Lease (KAYAK SOFTWARE Corp)

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Tenant’s Lease Default. Notwithstanding any provision to the contrary contained in this Lease, if an event of default as described in the Lease, or a default by Tenant under Section 19.1 of this Tenant Work Letter, Lease has occurred at any time on or before the Substantial Completion of the PremisesTenant Improvements, then (i) in addition to all other rights and remedies granted to Landlord pursuant to the Lease, Landlord shall have the right to may cause Contractor to cease the construction of the Premises (in which case, Tenant shall be responsible for any delay in the Substantial Completion of the Premises caused by such work stoppage as set forth in Section 5 5.3 of this Tenant Work Letter), and (ii) all other obligations of Landlord under the terms of this Tenant Work Letter shall be forgiven until such time as such default is cured pursuant to the terms of the Lease.

Appears in 4 contracts

Samples: Office Lease (Peregrine Systems Inc), Office Lease (Peregrine Systems Inc), Office Lease (Peregrine Systems Inc)

Tenant’s Lease Default. Notwithstanding any provision to the contrary contained in this is Lease, if an event of default as described in the Lease, or a default by Tenant under Section 19.1 of this Tenant Work Letter, Lease has occurred at any time on or before the Substantial Completion of the PremisesTenant Improvements, then (i) in addition to all other rights and remedies granted to Landlord pursuant to the Lease, Landlord shall have the right to may cause Contractor to cease the construction of the Premises (in which case, Tenant shall be responsible for any delay in the Substantial Completion of the Premises caused by such work stoppage as set forth in Section 5 5.3 of this Tenant Work Letter), and (ii) all other obligations of Landlord under the terms of this Tenant Work Letter shall be forgiven until such time as such default is cured pursuant to the terms of the Lease.

Appears in 1 contract

Samples: Office Lease (Peregrine Systems Inc)

Tenant’s Lease Default. Notwithstanding any provision to the contrary contained in this the Lease, if an event Event of default Default (as described defined in Section 15A of the Lease, or a default by Tenant under this Tenant Work Letter, has occurred ) at any time on or before the Substantial Completion of the Premises, then (i) in addition to all other rights and remedies granted to Landlord pursuant to the Lease, Landlord shall have may cause the right to cause Contractor Contractors to cease the construction of the Premises Lease Improvements and Tenant Improvements (in which case, case Tenant shall be responsible for any delay in the Substantial Completion of the Premises caused by such work stoppage as set forth in Section 5 4.2 of this Tenant Work Letter), and (ii) all other obligations of Landlord under the terms of this Tenant Work Letter shall be forgiven suspended until such time as such default Event of Default is cured pursuant to the terms of the Lease.

Appears in 1 contract

Samples: Lease (NightHawk Biosciences, Inc.)

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Tenant’s Lease Default. Notwithstanding any provision to the contrary contained in this Lease, if an event Event of default Default (as described defined in Section 16A of the Lease, or a default by Tenant under this Tenant Work Letter, has occurred ) at any time on or before the Substantial Completion of the Premises, then (i) in addition to all other rights and remedies granted to Landlord pursuant to the this Lease, Landlord shall have may cause the right to cause Contractor Contractors to cease the construction of the Premises Lease Improvements and Tenant Improvements (in which case, case Tenant shall be responsible for any delay in the Substantial Completion of the Premises caused by such work stoppage as set forth in Section 5 4.2 of this Tenant Work Letter), and (ii) all other obligations of Landlord under the terms of this Tenant Work Letter shall be forgiven suspended until such time as such default Event of Default is cured pursuant to the terms of the this Lease.

Appears in 1 contract

Samples: Lease (Heat Biologics, Inc.)

Tenant’s Lease Default. Notwithstanding any provision to the contrary ---------------------- contained in this Lease, if an event of default as described in Paragraph 25 of the Lease, or a material default by Tenant under this Tenant Work Letter, has occurred at any time on or before the Substantial Completion of the Premises, then (i) in addition to all other rights and remedies granted to Landlord pursuant to the Lease, Landlord shall have the right to cause Contractor to cease the construction of the Premises (in which case, Tenant shall be responsible for any delay in the Substantial Completion of the Premises caused covered by such work stoppage as set forth in Section 5 of this Tenant Work Letterstoppage), any and (ii) all other obligations of Landlord under the terms of this Tenant Work Letter shall be forgiven until such time as such default is cured pursuant to the terms of the Lease.

Appears in 1 contract

Samples: Office Lease (Us Facilities Corp)

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